Phantasma (SOUL) exhibited an interesting move in early 2022 with a jump of over 13% in 24 hours, trading at $ 3.60 at the time of this article.
What's with this coin?
Phantasma is a layer-1 blockchain that specializes in the production of SmartNFT and decentralized gaming applications.
The SOUL movement has risen nearly 62% from a daily low, $ 2.30 on Dec. 30 to a record daily high, $ 3.72 yesterday.
At the same time, SOUL’s trading volume also jumped from $ 3 million to $ 12 million.
3 possible reasons to consider:
Launch of the latest project
Phantasma welcomes some of the latest project launches:
Role-playing card game, Blood Rune
Mobile game, Ghost Festival
Non-fungible token (NFT) marketplace platform, GhostMarkets
The presence of cross -chain interoperability features
Phantasma has added cross -chain interoperability with several networks including Ethereum, Binance Smart Chain (BSC), and NEO.
This will make it easier for users to conduct transactions on several other networks.
The popularity of blockchain and NFT -based games
Data from Google Trends - interest in NFT has been on the rise since early 2021 before peaking in mid -December.
The presence of low cost offerings and high producers makes the Phantasma network attractive for players to maximize their income while saving on transaction costs.
Interesting right?
